BitVentures (BVC) Net Margin (2020 - 2023)
BitVentures (BVC) posted quarterly Net Margin of 5.42% for Q2 2023, down 991.0% year-over-year from 0.61% in Q2 2022, and down 64.63% quarter-over-quarter from 15.33% in Q2 2022.
BitVentures (BVC) Net Margin (2020 - 2023) Analysis & Trends
BitVentures (BVC) has reported Net Margin for 4 consecutive years, with 5.42% the latest figure, recorded in Q2 2023.
- In Q2 2023, Net Margin fell 991.0% year-over-year to 5.42%; the TTM figure through Jun 2023 stood at 7.17% (down 239.0% YoY), while the FY2024 annual figure was 3.41%, up 1933.0% from the prior year.
- Net Margin eased to 5.42% in Q2 2023 per BVC's latest filing, from 15.33% in the prior quarter.
- Across five years, Net Margin topped out at 15.33% in Q2 2022 and bottomed at 0.0% in Q2 2020.
- Historically, Net Margin has averaged 7.34% across 4 years, with a median of 7.67% in 2020.
- Annual changes were most pronounced in 2022 — Net Margin surged 1533 bps — and 2023, when it sank 991 bps.
- BitVentures' Net Margin stood at 0.0% in 2020, then climbed by 26 bps to 0.0% in 2021, then surged by 3613781 bps to 15.33% in 2022, then plunged by 65 bps to 5.42% in 2023.
- Business Quant data shows BVC's Net Margin at 5.42% in Q2 2023, 15.33% in Q2 2022, and 0.0% in Q2 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 21.16% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 41.92% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 18.93% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 17.17% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 7.47% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.25% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 17.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 25.87% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 35.80% |
| 10 | BitVentures | 67.11 Mn | 67.11 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 5.42% |
| Jun 30, 2022 | 15.33% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | 13.37% |
| Jun 30, 2020 | 0.00% |
| Mar 31, 2020 | 9.91% |